SOI

With the recent emergence of the knowledge-based economy society and the open innovation paradigm, a new phenomenon is now occurring around knowledge and technology and thus, it is necessary to pay attention to the following two characteristics. First, the volume of knowledge increasingly gets far greater than that of the past. The postmodern capitalist society, which is faced with limits in the existing growth stage that is based on labor and capital, is desperately craving for new sources of economic growth. In other words, the innovative use of knowledge and technology is drawing fresh attention from people. The second characteristic worthy of attention is the exponential increase of circulation speed of knowledge. Because of this, various and complex phenomena that cannot be explained from the perspective of the existing economy theory are occurring in every corner of our society and economy. As such, industries and academic societies as well as big data fields are paying attention..

Primary location: Daegu Korea